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20121201
20121231
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CNBC 3
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CNBC
Dec 27, 2012 6:00am EST
discussions in washington. it could alter the tax exempt status of securities. and in corporate news, $1.1 billion to settle a u.s. class action over claims that millions of its vehicles accelerate unintentionally. the proposed settlement will compensate customers for economic losses related to possible defects in toyota vehicles. it covers most of the litigation involving unintended acceleration. so it does not cover claims for wrongful death or injuries. >> what a racket, though. >> the torque. plaintiff lawyers. $1.1 billion. >> do the math. >> that will always be -- >> and the plaintiffs get a third. is that how this works usually? >> that will always be a great business. won't it? it will always be a great business when you have someone like toyota. i don't know what happened with those. toyota tried to claim it was like use error. >> and then people said it was the mat. >> i don't know what finally came of it, but it was -- >> they never really said. >> no, but it was $1.1 billion, with a "b." >> nobody knows that it was, but you asked for it and you got it. >> yeah, yeah, yeah. an
CNBC
Dec 21, 2012 6:00am EST
with our xaernt washington correspondents. good morning, john. were you up all night? >> not all night, but we stayed on, of course, until 9:00 after it was clear that the house alternative had collapsed. but, joe, i was listening to your conversation earlier. this is not about the far left and the far right. this is about the republican party not being able to get its act together and figuring out and strategy and pursuing a strategy. >> i watched the press conference yesterday. all the reporterses, all the mainstream media reporters were saying, mr. boehner, why are you going through this exercise? this is an exercise in futility. why are you doing this? why even hold the vote? and then he can't do it and now all of you are going, see, see, you can't even do it. >> but it does raise questions about what this means for -- >> joe, it's not about the mainstream media. it's about the inability of this republican party to face the -- face political reality. the president was re-elected. his positions are much more popular where the country than theirs. they are locked into a caucus in the
CNBC
Dec 19, 2012 6:00am EST
in washington and how the fiscal cliff is likely to effect investment decisions. we have value investor leon cooperman, he's going to join us on set starting at 7:00 eastern time. then at 8:00 eastern, we have black op co-founder and ceo ralph schlosstein. and lynn hutchins will join us. we'll talk about what they see playing out and what they think is working when it comes to the markets now. >> the bill that the president says is in the house that he will sign if -- that's in the senate -- >> the senate. >> the senate that he will sign if the house passes it is what? >> that is $. >> -- that is 250? >> 250? >> he said 400. he said, i have the pen, let's keep tax rates where they are for everyone at 250 and below. so this one, that's c these guys are pretty clever because that would keep rates where they are for everyone at a million and below. no middle-class taxpayers up to a million dollars -- >> that's no matter what, isn't it, in either bill? >>yon r -- i think it would be the same in either one. that's not -- what reid and i guess pelosi, you saw that, said she opposes the million-dol
Search Results 0 to 2 of about 3